I don't really want to talk about the trading room I am involved in but the past two times it was correct. Today they were told "watch the news today". That was all that was said. I do not know if that was from Boomberg Terminal or some other source. It's something we already know but I thought I would pass it on. It is sort of useless news for here. We already know to watch the (real) news. Just wanted to point out that what is happening is more mainstream than we think.
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Greatheart - What was the effect on the market? Will there be a mini crash?
Sorry, I got to be real careful with what I post. I can say there is room for a correction. As of right now there is nothing showing the market has topped. I want to be careful and say I do not know anything about the markets. Don't trust anything I say. Sorry, but this is the world we live in.